Oil Supply Crisis
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Strait Of Hormuz Shutdown, Oil Supply Crisis Triggers 'Red Zone' Warning
The IEA has already issued warnings about 'the most severe disruption' ever; in April agency chief Fatih Birol told CNBC: "We are facing the biggest energy security threat in history."
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'India Great Ally, Want To Sell As Much Energy As They'll Buy': Marco Rubio
US Secretary of State, Marco Rubio's comments come at a time when US refineries have experienced a massive surge in Venezuelan heavy crude oil arrivals.
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Don't Run Back To Coal Again, Says Energy Body In Hormuz Crisis Report
Fossil fuel systems rely on continuous flows through narrow chokepoints like Hormuz, instantly transmitting global price spikes.
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Petrol, Diesel Prices Hiked By Rs 3 Amid Iran War, CNG Up By Rs 2
Centre Hikes Petrol, Diesel Prices Amid Iran War
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In Araghchi's India Visit, A #Minab168 Reminder For World
The situation surrounding the closure of the Strait of Hormuz-- the vital waterway through which around a fifth of global oil supply passes in peacetime-- is expected to feature prominently in bilateral talks between Araghchi and Jaishankar.
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China's Door Will Open Wider To US Businesses: Xi Jinping Tells US CEOs
Trump-Xi Summit: The US President wants China to stop weaponising supply chains, especially rare earths that power US tech and defence industries.
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Cuba Runs Out Of Fuel Amid Iran Crisis, 20-Hour Power Cuts Follow
Cuba has installed 1,300 megawatts of solar power over the past two years, but much of that capacity is lost to grid instability amid fuel shortages.
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Iran's Missiles Still Flying, So Is Hormuz Threat. US May Be Running Out
Reports the Iranian military is far from the spent force the Trump administration wants everyone to believe it is have been followed by news that attacks may resume.
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PM Modi Calls For WFH, Travel Curbs Amid Oil Price Hike. What Other Nations Did
New Delhi is the latest among a growing number of Asian economies calling for lower energy consumption amid skyrocketing fuel prices due to Iran tensions.
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Iran War: China's Invisible Hand Is Rebalancing The Oil Market
Today, China has nearly 1.4 billion barrels in its reserves, well above the 400 million of the US and Japan's 260 million.
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Gasoline Costs 50% More In The US Than It Did Before Iran War
The price of crude oil, which is the main ingredient in gasoline, has been climbing for most of the past two months.
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Japan Receives First Russian Oil Shipment Since Iran War
Japan, which depends on the Middle East for around 95 per cent of its oil imports, has tried to diversify its sources of energy since the war began.
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Iran War, Oil Crisis Has 'Enormous Impact' In Asia-pacific: Japan PM
Roughly one-fifth of the world's oil normally flows through the Strait of Hormuz, where shipping has been throttled by Iran since its war with the US.
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"Reserves": Pak Minister Contrasts Country's Oil Shock With India's Stability
Pakistan's Petroleum Minister Ali Pervaiz Malik pointed at how India is relatively stable compared to his country because of its strategic oil reserves and adequate forex reserves, which absorbed the impact of the oil disruption due to the blockade i
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Airlines Cancel Flights, Hike Ticket Prices As Jet Fuel Crisis Cripples Aviation
Iran has currently allowed only a trickle of ships to pass through the Strait of Hormuz, disrupting global oil shipments and causing major supply chain interruptions.
-
Strait Of Hormuz Shutdown, Oil Supply Crisis Triggers 'Red Zone' Warning
The IEA has already issued warnings about 'the most severe disruption' ever; in April agency chief Fatih Birol told CNBC: "We are facing the biggest energy security threat in history."
-
'India Great Ally, Want To Sell As Much Energy As They'll Buy': Marco Rubio
US Secretary of State, Marco Rubio's comments come at a time when US refineries have experienced a massive surge in Venezuelan heavy crude oil arrivals.
-
Don't Run Back To Coal Again, Says Energy Body In Hormuz Crisis Report
Fossil fuel systems rely on continuous flows through narrow chokepoints like Hormuz, instantly transmitting global price spikes.
-
Petrol, Diesel Prices Hiked By Rs 3 Amid Iran War, CNG Up By Rs 2
Centre Hikes Petrol, Diesel Prices Amid Iran War
-
In Araghchi's India Visit, A #Minab168 Reminder For World
The situation surrounding the closure of the Strait of Hormuz-- the vital waterway through which around a fifth of global oil supply passes in peacetime-- is expected to feature prominently in bilateral talks between Araghchi and Jaishankar.
-
China's Door Will Open Wider To US Businesses: Xi Jinping Tells US CEOs
Trump-Xi Summit: The US President wants China to stop weaponising supply chains, especially rare earths that power US tech and defence industries.
-
Cuba Runs Out Of Fuel Amid Iran Crisis, 20-Hour Power Cuts Follow
Cuba has installed 1,300 megawatts of solar power over the past two years, but much of that capacity is lost to grid instability amid fuel shortages.
-
Iran's Missiles Still Flying, So Is Hormuz Threat. US May Be Running Out
Reports the Iranian military is far from the spent force the Trump administration wants everyone to believe it is have been followed by news that attacks may resume.
-
PM Modi Calls For WFH, Travel Curbs Amid Oil Price Hike. What Other Nations Did
New Delhi is the latest among a growing number of Asian economies calling for lower energy consumption amid skyrocketing fuel prices due to Iran tensions.
-
Iran War: China's Invisible Hand Is Rebalancing The Oil Market
Today, China has nearly 1.4 billion barrels in its reserves, well above the 400 million of the US and Japan's 260 million.
-
Gasoline Costs 50% More In The US Than It Did Before Iran War
The price of crude oil, which is the main ingredient in gasoline, has been climbing for most of the past two months.
-
Japan Receives First Russian Oil Shipment Since Iran War
Japan, which depends on the Middle East for around 95 per cent of its oil imports, has tried to diversify its sources of energy since the war began.
-
Iran War, Oil Crisis Has 'Enormous Impact' In Asia-pacific: Japan PM
Roughly one-fifth of the world's oil normally flows through the Strait of Hormuz, where shipping has been throttled by Iran since its war with the US.
-
"Reserves": Pak Minister Contrasts Country's Oil Shock With India's Stability
Pakistan's Petroleum Minister Ali Pervaiz Malik pointed at how India is relatively stable compared to his country because of its strategic oil reserves and adequate forex reserves, which absorbed the impact of the oil disruption due to the blockade i
-
Airlines Cancel Flights, Hike Ticket Prices As Jet Fuel Crisis Cripples Aviation
Iran has currently allowed only a trickle of ships to pass through the Strait of Hormuz, disrupting global oil shipments and causing major supply chain interruptions.
